CreditRiskMonitor Announces Licensing Agreement with DBRS

Valley Cottage, New York – August 9, 2018 – CreditRiskMonitor® (OTCQX: CRMZ) today announced a new licensing agreement with DBRS, an independent, privately-held, globally recognized credit agency. DBRS is the fourth-largest ratings agency globally, with ratings on more than 2,400 issuer families and nearly 50,000 securities worldwide.

“We’re pleased to be adding DBRS’ issuer credit ratings and news into our platform for subscribers at no additional cost. This new data from DBRS augments our offering, which includes our highly accurate and proprietary FRISK® and PAYCE scores, as well as Fitch and Moody’s issuer credit ratings,” said CEO Jerry Flum. “We continue to make value-added investments to our service so our subscribers have the best financial risk assessment tools out there.”

“We’re pleased to be providing CreditRiskMonitor® with our assigned issuer credit ratings and press releases and are looking forward to having CreditRiskMonitor® make these available to their subscribers,” said Sean O’Connor, Head of Global Business Development at DBRS.

CreditRiskMonitor® has also invested in cutting-edge technologies to improve the accuracy of its predictive scoring methods. The FRISK® score, a measure of bankruptcy risk in public companies, uses crowdsourced click patterns of risk professionals who subscribe to CreditRiskMonitor®’s service. The PAYCE score, used for private company financial risk assessment, is formulated with deep neural network technology, a type of artificial intelligence.

For more information, or to schedule a free personal demo, call 845-230-3000.

CreditRiskMonitor® Overview

CreditRiskMonitor® (OTCQX:CRMZ) is a financial risk analysis and news service for credit, supply chain and financial professionals. Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue. We also offer solutions that can help ease private company financial risk assessment. Professionals from more than 35% of the Fortune 1000, plus thousands more worldwide, rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively.

At the core of our fundamental service is our 96% accurate FRISK® score, formulated to assess bankruptcy risk in public companies within a 12-month window. The FRISK® score incorporates a number of critical risk indicators including crowdsourced click patterns of risk professionals who are highly influential in the daily commerce of some of the world’s largest corporations, making decisions affecting billions of dollars of purchase and sale transactions every month.

DBRS Overview

DBRS is an independent, privately held, globally recognised credit ratings agency with offices in Toronto, New York, Chicago, London and Frankfurt.

Founded in 1976, DBRS is a rapidly growing, international ratings agency with deep roots in Canada. DBRS’s four decades of experience and strong track record provide the foundation to seek out new opportunities and to make targeted investments that align with its core ratings operations.

As the world’s fourth-largest rating agency, DBRS’s approach and size allow it to be nimble enough to respond to its customers’ needs in their local markets and large enough to provide the requisite expertise and resources.

Ready to learn more?


CreditRiskMonitor® ( sells a suite of web-based, SaaS subscription products providing access to comprehensive commercial credit reports, bankruptcy risk analytics, financial and payment information, and curated news on public and private companies worldwide. The products help corporate credit and procurement professionals stay ahead of and manage financial risk more quickly, accurately, and cost-effectively.

The Company’s newest platform, SupplyChainMonitor, leverages its financial risk analytics expertise to create a risk management solution built specifically for procurement, supply chain, sourcing, and finance personnel involved in the supplier lifecycle, risk assessment, and ongoing risk monitoring. Users can assess counterparty risks at the aggregate and granular levels under a variety of categories including geography and industry, as well as customized, customer-specific configurations. The platform features mapping capabilities with real-time weather/natural disaster event overlays as well as customizable news notifications, reports, and charts.

Our subscribers, including nearly 40% of the Fortune 1000 and well over a thousand other large corporations worldwide, use the Company's timely news alerts, research, and reports on public and private companies to make important risk decisions. The Company's comprehensive commercial credit reports covering both public and private companies worldwide are published through its web-based platform and feature detailed analyses of financial statements, including ratio analysis and trend reports, peer analysis, corporate issuer ratings from key Nationally Recognized Statistical Rating Organizations ("NRSROs"), as well as the Company's proprietary bankruptcy analytics: the FRISK® and PAYCE® scores. One of the FRISK® scoring model's exclusive input features is the aggregate risk sentiment of our subscribers based on their crowdsourced usage behaviors resulting in the improved classification of bankruptcy risk for the riskiest corporations and boosting overall accuracy.

The Company, through its Trade Contributor Program, receives confidential accounts receivables data from hundreds of subscribers and non-subscribers every month. This trade receivable data is parsed, processed, aggregated, and finally reported to summarize the invoice payment behavior of B2B counterparties, without disclosing the specific contributors of this information. The Trade Contributor Program's current trade credit file exceeds $2.5 trillion of transaction data annually.

Safe Harbor Statement

Certain statements in this press release, including statements prefaced by the words “anticipates”, “estimates”, “believes”, “expects” or words of similar meaning, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, expectations or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, including, among others, those risks, uncertainties, and factors referenced from time to time as “risk factors” or otherwise in the Company’s Registration Statements or Securities and Exchange Commission Reports. We disclaim any intention or obligation to revise any forward-looking statements, whether as a result of new information, a future event, or otherwise.

Mike Flum, CEO & President